Looking to build your retirement savings in Canada? Learn how to make the most of your RRSP with simple, effective tips designed for beginners. From contribution limits to tax breaks and smart investing—start planning your future today.
Choosing between a TFSA and RRSP depends on your financial goals, tax situation, and timeline. While RRSPs offer immediate tax relief and long-term retirement savings benefits, TFSAs provide tax-free flexibility for both short-term and retirement goals. A balanced approach leveraging both accounts often delivers the best financial outcome.